Brief: Deutsche Rohstoff gets 1.5 million new Almonty shares

Deutsche Rohstoff AG

25/04/2017 06:30

April 25 (Reuters) - Deutsche Rohstoff AG  DR0G.DE : 
    * Deutsche Rohstoff receives 1.5 million new Almonty shares and agrees to the extension of 
an existing convertible bond 
    * Agreed to extend an existing convertible bond in principal amount of 6,000,000 Australian 
dollars ($4.53 million) in favor of Deutsche Rohstoff by two years to March 2019 
    * Almonty and Deutsche Rohstoff agreed to settle outstanding interest on bond in amount of 
CAD 422,103 through issuance of Almonty shares to Deutsche Rohstoff; such shares are to be 
issued at a price per share of CAD 0.35, resulting in issuance of 1,206,574 shares 
    * Deutsche rohstoff to receive additional 283,914 shares as a compensation for outstanding 
interest on a promissory note due in January 2019, such shares are to be issued at a price per 
share of CAD 0.28 
    * Deutsche Rohstoff's stake in Almonty will stand at 10.3 percent (currently 11.9 percent) 
after all new shares will have been issued 
 
Source text for Eikon:  ID:nEQ2FH6wz  
Further company coverage:  DR0G.DE  
 
($1 = 1.3235 Australian dollars) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))